Category: Uncategorized

Canada’s exports jumped 2.5 per cent in April and hit an all-time high by volume, while imports declined 0.2 per cent partly because of a fall in energy products, Statistics […]

The Bank of Canada has resumed its monetary policy tightening campaign, increasing its benchmark rate by a quarter percentage point on Wednesday. The decision lifts the policy rate to 4.75 per cent, […]

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in the month of April. The Commerce Department said the trade deficit increased to […]

After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its […]

Published: 6/7/2023 11:54 AM ET The Canadian market is down marginally around late morning on Wednesday, with investors digesting the Bank of Canada’s decision to raise interest rates by 25 basis […]

Exports fell 7.5% in May from a year ago, far worse than the 0.4% decline predicted by a Reuters poll. Imports for May dropped by 4.5% from a year ago […]

Published: 6/5/2023 10:51 AM ET Service sector activity in the U.S. saw only modest growth in the month of May, according to a report released by the Institute for Supply Management […]

Published: 6/6/2023 5:55 AM ET Gold prices were flat to slightly higher on Tuesday, as the dollar pulled back, and U.S. bond yields declined on hopes for a pause in Fed […]

Oil prices fell nearly 2 percent on Tuesday on concerns that a long-drawn recession in advanced economies brought on by interest-rate hikes may weigh on global demand. Benchmark Brent crude […]